Member Info for mcfcnige

Does anybody know the precise location of where the Southport project from 2020 was meant to be ?

They have updated the presentation again.
Tring Road for financial close end of qtr 3

Bit confused now, as he said the Peakers couldn’t gain any interest?

Good post Mike, I don’t know what the others think but I would be happy if they moved away from the FGS thing.
It doesn’t seem to be working, as they can’t conclude any of the deals and SK admitted that everyone is chasing after the same project .
Sell off one of the mines and farm out the other, that will give decent returns to shareholders.

Good post Mike, sorry If I am coming across as negative I just feel they have let us all down big time.

To make it worse, SK just seems to shrug it off as a bad day at the office.

That’s interview was poor in my opinion.
He was making out that the Peakers was a gamble and no big deal, yet 6 mths ago he was patting himself on the back at the prospect of some company writing a “ big cheque “.
I am surprised that JP isn’t looking at someone else as CEO
Although SK has excellent mining knowledge, we need someone with a proven track record as a CEO

The company are tweeting about Burwell again.
Does anybody know if the land lease issue has been sorted yet?

It sounds like most of you have let SK off the hook.
I am surprised really because this board has been waiting for the Peakers deal for months and we were told it was pending financial close in the first 6 mths of this year.
Then all of a sudden the deal is off and now we are told it was uninvestable ?

So in other words , the news of the first project deal that we were waiting on tenterhooks for from Dec last year, was a dud all along.

Do none of you want a proper explanation from the company ? We deserve one..

A bit puzzled but that interview, SK was saying that no one was interested in the Peakers ?
If that was the case why was financial close for spring/ summer even mentioned by the company?

One ray of hope is the US Investment company that is looking out for investors in the Nickel projects.

I remember a similar outfit working for Prem before the big rise in the sp.
In there case they were waiting for the EPO to be granted, where as we are waiting for the mining license.

Does anybody have a view on why the Peakers deal was suddenly off.
The company issued a new presentation a few weeks ago and it was on there, then all of a sudden that RNS?

Good to see you back Dicko :-)

Good post Agri, we do have fantastic assets and the company market cap should be much much higher…

So in other words, SK has made a complete b**** up of the situation.

Unfortunately Joe, it’s nothing to do with Corcel UK.
Looks a decent project though.

Still holding but I don’t think I will be adding.
A previous post today has mentioned the cash position.
If they decide to do a placing at these low prices then there credibility will be shot to pieces.
Another of JPs companies has given Corcel a loan in the past, if they need cash that would be the way forward.

Dont start all that rubbish..
Mike has shown more faith than anybody else on this board and has been let down badly.

I feel something will happen soon, the market is forcing change and its hard to see how SK can ride this out?

I hope i am wrong and he pulls something out of the bag to turn this around but if he does go, expect the sp to rally hard.

I am not selling but I don’t think I will be topping up, regardless of how low the sp is,
SK has let us down big time..

I would like him to do another podcast now, to explain what’s happened and to give us a truthful update on other projects.
I think that’s the least he can do.

It’s been so disappointing.
When I first invested here I couldn’t believe how low the market cap was in relation to the assets.
There had Nickel and the Clean Energy projects which we were told were ready for financial close.
18 months later no deals have been done and the license won’t be issued for a while yet.

It’s pretty obvious the current BOD are out of there depth, JP will have been relying on Scott for his knowledge and contacts on these legacy projects but he doesn’t seem capable to get them over the line.
Maybe we need a proven deal maker to join the board and get the job done.

I will be very surprised if the License is signed off this year.
There will be some kind of snag that comes out of the blue, just like every other project .
You to question SKs credibility now, when he was bragging about the Peakers and the “ big cheques” that these companies want to write he said that there were “ multiple parties interested “ ?
Well what happened to them and why did he never mention previously that there was an issue with the lease?
It’s been very poorly handled and they come across as complete amateurs.